Bitcoin Forum

I think the time has come ! What do you think, do you need to fasten your seat belts ?)
https://bitnovosti.com/2018/09/04/rynochnye-indikatory-svidetelstvuyut-o-razvorote-bitkojn-trenda/

Not yet in my opinion.
Lately we have been more in a stable trend, we are probably in a critical moment, the bullish trend could start again soon.

https://image.ibb.co/dcsYpe/bit.png

It would be nice if Bitcoin price could overtake $8,000 again. If we manage that soon, I do believe we'll quickly head up to $10,000 again.
But to sum up my thoughts, I don't think there is a clear trend yet, at this point it's better to hold, or buy but with a stop loss at $7000. My opinion.


PS: your article is not in English so I could not bother  ;) but I don't really agree about the falling channel and bullish breakout on that picture:

https://bitnovosti.com/wp-content/uploads/2018/09/MACD.jpg

As explained above, we need to get close to $8,000 in my opinion for a clear breakthrough.

I think honestly that we are still in a bear trend, todays situation with Bitcoin price showed it. Price is fluctuating between 6k and 7.500$ and doesn't want to go up for now.

In this market bitcoin price can be fluctuating at any time and it ups and downs between $5000-$7000. I hope price will rise in near future.

I'm not sure if Bitcoin is the following any trend or not. The cryptocurrency market itself is very unpredictable. After the long bearish market, the price of Bitcoin is stable lately. I don't think that it is following any trend.

I think this is because altcoin is dumping more than FUD. all crypto market "except bitcoin" effects significantly.
ETH may drop below $ 200, BCH less than $500, ripple $0.2 and so on
Bitcoin at $ 6,000 and stable in that rang, If it starts the rise, we will reach 7000 as fast as possible.

bitcoin has always defied TA! that is why so many people don't even use it and those who do, don't put too much faith in it. apart from that in this case the TA was not even correct. OP got too excited seeing a low quality article on a low quality website. there was never any "market indicator" for a big rise. we have seen the reversal start a while ago though but that doesn't mean price is just going to make a U turn and rise to the moon all of a sudden.

there is a lot of indicators showing that bitcoin trend is going to change and tell us there is a rise on the way but at the same time there is one big indicator in the opposite direction telling us that the rise is not going to happen that easily.
that opposite indicator is the fact that ETF decision is on the way and there are newbies who might want to panic sell because of it.

In my opinion, i do not think that btc will be going down as per subject and I believe this bearish market may just be recurring but this could lead back to a bullish run in the next few days. People should remain steady and hold your btc this time since the trend might be starting to go for the recovery. I had high hopes for btc since it has already proven that it will regain it's market after every dips.

Strange how opinions can differ sometimes, IMO the price fluctuation last few months (since April at least) have clearly followed technical analysis. "both be at 0 and 1,000,000 right now" is absurd to say this, TA could predict 1,000,000 and also predict 0 and both could be right depending on the predicated date. I strongly believe it's possible to make shit loads of money with TA and at the same time Bitcoin to disappear soon or later. Both scenarios are not incompatible.  

It will be too soon to state that the market is in the bull run. But then again as far as the stability of the price level is in consideration, it is not in the bearish state either. So to conclude, the market is getting out of the bearish state and will soon hit the bull run.

The market has been in a stable position right now. The coins are no longer taking a fall and it seems to be rising very slowly, which is a good thing. We can't say for sure if it is hitting the bull run, but it is on the verge of it. One thing is for certain that the market is no longer bearish.

I believe that bitcoin is starting to move up after a long time. it seems to me that by the end of October we will see a very strong increase in investments

Bitcoin does seem to be in a place where it is not hitting any fall right now. So it can be safe to assume that the market is no longer in the bearish mode and will soon hit the bull run.

this is only the eyes of the game of big traders to drop prices, and they create panic in all markets so that many throw btc at cheap prices and big traders start buying it again, sorry this is just my opinion

There is no need to hurry to a bull run, But the next rise of value will be on the month of October, We can surely say that the burst in price back in a green road was very unlikely, But we should not hurry because I really think we might be tripped on the way towards the bull run, A sudden move like that can offer us another failure, Rethinking the situation and the TA can again be wrong, don't make sudden judgement that it will be this year, Because in my opinion we can let this year past without a bull run and go on with it.

The article that you shared was written in Russian and the translation of it didn't come out well in English, so I couldn't properly understand the whole thing. But, I could understand that it is about starting of a bullish trend for Bitcoin. I personally, don't think it's time yet. The price fluctuations are still very high and after the 1000$ drop that we have seen today I don't think bullish trend is nowhere near to start.

Though it seemed like the bullish trend is going to start soon but today's price dump has eliminated all the indications and signs of it. It is very likely that the price will remain like this throughout the year. But, what is fascinating me the most is that, despite a 100million worth of dump, Bitcoin is still holding strong at the previous low of 6,400$. Let's see how the next trend will benefit us.

No need to listen to bad news!

I'm sure that bitcoin is stabilizing

The breakthrough is still too far away right now. After the recent dump which was definitely caused by manipulation the price of Bitcoin will take a good amount of time to recover and reach 8,500$ mark which was the highest in this year's market. But, future price will mostly depend on what the next trend will decide for us. Keeping fingers crossed right now.

But the actual situation that I am observing is not really like this. The market is still in the bearish state while price is not rising high. And I don’t see any chance to happen that

I think genuinely that we are still in a bear slant, the present circumstance with Bitcoin cost indicated it. Cost is fluctuating somewhere in the range of 6k and 7.500$ and wouldn't like to go up for the present.We can only hope for the best.

I am not yet sure 100% bitcoin is starting to improve. I think it will only continue as it rises and falls on a small scale unlike at the end of 2017.
Bitcoin is not yet about the portal that will make the price of bitcoin continue to rise above the price of last year, it takes a long time and a very big correction for bitcoin to rise again.
I'm sure this 2018 bitcoin is just like that rising on a small scale and I believe bitcoin will rise on a large scale by the end of 2019.

I agree with you that there seems to be a reversal and the rally to soon follow. I hope the MACD indicators  are not false which will quickly runs down below zero level again. But one good thing that is happening is Bitcoin has always bounce off $6K and has never broken it going down below $6k mark despite the bearish tendency of the market most time of the year.

That's why it's called the king. The king always stand firm no matter the situation of things in the market. Bitcoin has and will continually to prove itself. Meanwhile as against s bull or bear trend, I prefer stability of the market most.

I think that we are still in a bear trend, Bitcoin price showed it. Price is fluctuating between 6k and 7.500$.  I do believe we'll quickly head up to $10,000 again.

It's not the time for fasten the seatbelt yet from my point of view. The price had fallen again which means the market still not is in the bullish trend. I think we have to wait for more.

The market condition is quite confusing now. Bitcoin suddenly has a price fluctuation again. I think it has to break the barrier of 8k USD before the bull run comes.

I don't think predictions are going to work properly. The bitcoin market is in an unstable position now. From my point of view it looks like the bull run won't come soon.

Why did you copy the other person's post? This will get you banned one day, idiot.

There was supposed to be a reversal, but we got dumped on, so I believe we'll have to wait for the fundamentals to push us through as the technicals aren't cutting it.

Well as of today September 8, 2018 I decided to check the bitcoin price ad it just fell below $6200. I bought some earlier this week when it dropped under $6400 and now I'll probably buy some more. The market is being bled dry to a certain extent but this the kind of thing that just sets up the next bull movement. I'm sure we all remember last year in November, so I'm taking this opportunity to accumulate and hold coins that make me some passive income such as NEO by earning GAS and Kucoin shares has a great set up for their rewards program now, earning Kucoins based on your holdings and the trading volume on the exchange.

Actually I don’t agree with this. Market is not going like this way. I think market is not bullish right now, it becomes stable but still the price is not increasing and I don’t think it will be.

I hope that bitcoin will now add to the price because it is already quite a lot that it only does what it does but does not grow

It needs time. We don’t get the market in bullish state overnight. Recently the market is getting stable and gradually it will be bullish after some times. We need to wait for seeing this.

It is going to be happened very soon. For many days we are facing the bearish situation but it is going to be changed. I hope by the end of the year the market will be in bullish state as already it gets stable.

Such a surprise move can cause us to fail another, we can let this year pass without a bull run and continue with it. So I can not understand all that. Personally, I do not think about this at all. I do not think the uptrend is not near to begin.

 :Pif it is vital, then I would wait until the very end of the month. Now the bottoms of the bottom on all the tops, there's no point in draining now. Maybe by the end of the month something will grow, everything will be more interesting. Either average the price and sell in equal parts every day until the end of the month, go to some average "safe" price. You will not lose much, but you will not win either.

I hope that our time has come yet and we will again begin to grow potmou that for a very long time we have only fallen

Bitcoin prices will take a good amount of time to recover and that mark is the highest in the market this year. Keep your fingers crossed now. The market is still bearish while prices are not rising. I think we are still in a tilt, the current situation with Bitcoin cost indicates that. We can only hope the best. I think it will only continue when it rises and falls on a small scale unlike at the end of 2017. I am sure that this 2018 bitcoin is like increasing on a small scale and I believe bitcoin will increase on scale. by the end of 2019. Prices range from $ 6k to $ 7,500.

No one can be 100% sure, but I agree with you that 2019 promises to be hot for cryptocurrencies. Investment takes time.

The dynamics of the crypto market is totally different at the moment compared with those of previous years. When you choose to rely on the information from experts you might end up going wrong as to how the crypto market would treat bitcoin.

It has been three months since this topic was created. I have not seen the market again, and everything is getting worse. We had to fasten our belts but fearing that the speed of the team would fall so quickly that we would fall out of our seats.  :'( :'( :'(

Going back to this thread started few months ago serves as a reminder how bitcoin changes its price and eperiences a lot of sharp fall and downward trend. Since then, bitcoin drops further into its price today of around $3,300. The reversal of the bitcoin trend is not yet in sight. Honestly, almost all analysis have failed this year.

Well most of us knew that things are going to get better in the shortest possible time. Cryptocurrencies are volatile and would always fluctuate from time to time but the market would always bounce back with time. There is no point in selling your cryptocurrencies at a cheap price.

https://cryptofr.com/assets/uploads/files/1544557857907-img_20181211_204916.jpg

That wick ($13) on December 6... I do not know if it is a signal of any rise or further fall.

Or perhaps this wick only shows the state of liquidity and could be the result of the market maker to trigger short-selling.

If you only care about predictions that unrealistically advocate bitcoin rise, then you can think so.
In fact, many people still predicted that the bitcoin bubble would burst, but many people chose not to believe it. When people fell into the enthusiasm for market rise, they would selectively filter out things they didn’t want to hear.

I believe that btc was able to reached the maximum dip and i think that btc market may start to grow again by next year. I would say this could be the best time in buying btc and hold until it's market recovery will start to take effect. Indicators really help people to analyze the market trend.

Indicators tell us that another outcome of events is possible, but it will not immediately tell about the trend change. As you can see for yourself what happened, we have not really moved. Gone only deeper.

Nothing will happen without ETF approval.

Technical analysis is only a very small factor in determining this market, and there are many other factors that affect pricing. I do not think we will have growth again until the end of this year, if worse can be by 2020, the market grows again